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QCB issues QAR 600m T-bills

QCB issues QAR 600m T-bills
The second tranche stood at QAR 200 million

Mubasher: The Qatar Central Bank (QCB) on Tuesday issued three-tranche treasury bills (T-bills) worth a combined QAR 600 million ($165.83 million).

The first tranche amounted to QAR 300 million, maturing on 4 June with a 2.49% yield, according to the QCB’s statement.

The second tranche stood at QAR 200 million with a six-month maturity and with a return of 2.49%.

The third tranche reached QAR 100 million, due on 3 December, with a 2.60% yield.